New Jamaica-Cuba cable deal inked

24 Mar 2010

Jamaican telco Cable & Wireless Jamaica (which operates under the LIME brand), has confirmed that it is close to finalising a partnership deal with Telecomunicaciones Gran Caribe (TGC), the Venezuelan/Cuban conglomerate which holds a licence to build a USD70 million fibre-optic link between Jamaica and Cuba. The licence granted to TGC in December last year allows the company to install a submarine fibre-optic cable link between Caracas (Venezuela), Havana, and Kingston. TGC was the sole bidder for the concession, which includes a spur to Haiti, which lies just west of the two countries.

TGC, which is 60% owned by Telecom Venezuela with the remainder held by Cuba’s Telco Transbit, also plans to run nearly 1,000 miles of cable from Maiquetia, in northern Venezuela, to Siboney, in Cuba’s eastern province of Santiago de Cuba. The Cuba/Venezuela leg is expected to link to Trinidad and Tobago and the Dutch territory of Curacao.

Cuba, Jamaica, LIME Jamaica, Telecom Venezuela (formerly CVG Telecom)